Watchout for 10 month old trendline breakout

The stock is testing its 10 months old trendline and is also making a W (double bottom pattern)

Aggressive players can buy above 772. Safe players buy above 778 for both intraday and positional trade.

Positional targets can be 788 and 808 in short term.

Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

Learn & earn,

Dr . Tanya Kumar